UK Employers Focus on Cost Management with Confidence Near Record Low

UK employers focus on cost management with confidence near record low

British employers are prioritising cost management over growth with their confidence close to ​a record low and their staff are likely ‌to see inflation eat into their pay in the year ahead, according to a survey published on Monday.

U.K. Employers’ Cost-Cutting Mindset Signals Trouble For Pay, Hiring And Growth

U.K. employers focus on cost management with confidence near record low.

Employers prioritise cost control over growth as confidence remains weak, CIPD says

Rising labour, energy and operating expenses are keeping employers cautious on hiring, pay and investment despite a modest rise in recruitment intentions.

Cost Management Prioritised Over Growth as Employer Confidence Remains Subdued

UK employers are prioritising cost management over growth as rising business costs and global uncertainty continue to weigh on confidence, according to the latest CIPD Labour Market Outlook survey of more than 2,000 UK employers.

Rising costs and uncertainty weigh on hiring decisions

Employers prioritise cost management over growth as rising business costs and global uncertainty continue to weigh on confidence. The post Rising costs and uncertainty weigh on hiring decisions appeared first on Personnel Today.